Target ($TGT) Missed Q1 Estimates and Cut Full-Year Guidance
Bacaan kurang dari 1 minit
Court: M.D. Florida
Case: 2:25-cv-00085
Target reported Q1 earnings of $1.30 per share on $23.85B in revenue, missing Wall Street expectations and cutting its full-year outlook. Comparable sales dropped 3.8%, driven by weakness in in-store performance, while digital sales rose 4.7%.
At the same time, investors filed a lawsuit against 
TGT, claiming the company misled shareholders about the financial risks tied to its ESG and DEI initiatives. You can find more details about it here and stay updated on any future changes.